Sep 20th, 2006 · The Russian government has revoked its ecological approval for Royal Dutch/Shell's giant oilfield project off Sakhalin Island. Ecologists have complained about development of the oil field. But most industry analysts see the move as a way to put more pressure on Shell to give Russian oil companies a share in the $20 billion investment. Gregory Feifer reports.
Aug 11th, 2006 · Alaska Gov. Frank Murkowski and other top officials tour the Prudhoe Bay oil pipelines, which have been crippled by corrosion discovered on Sunday. Lost production at Prudhoe Bay, America's largest oilfield, has sent oil prices to record levels.
Aug 11th, 2006 · British Petroleum, operator of the Prudhoe Bay oilfield, says it will try to keep part of its production running while it replaces corroded pipes at the facility. An oil leak Sunday had forced BP to slash output at the field, America's largest.
Aug 7th, 2006 · Suspected pipeline corrosion is forcing British Petroleum to shut down production in Alaska's Prudhoe Bay oilfield. The emergency shutdown will remove about 8 percent of daily U.S. crude production, driving oil prices higher.